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Madison Corner Strip Mall 501-511 Holly Ln 5,852 SF 100% Leased Retail Building Mankato, MN 56001 $4,739,839 CAD ($809.95 CAD/SF)

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Investment Highlights

  • Net Leased Investment
  • Financially Responsible Tenants
  • Professionally Managed
  • 2-7 Year Leases with Options
  • Local + National Brands

Executive Summary

The property is located in an established retail area with strong local traffic, convenient access, and surrounding commercial density that supports long-term tenant demand. The strip retail layout provides functional storefront exposure and operational efficiency for tenants.
This Mankato retail investment is well-positioned for investors seeking a low-maintenance asset with predictable returns in a growing Southern Minnesota market. Ideal for private investors, 1031 exchange buyers, or portfolio diversification strategies.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
5,852 SF
Building Class
B
Year Built
2012
Price
$4,739,839 CAD
Price Per SF
$809.95 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.36 AC
Zoning
B-1 - Commercial Zoning
Parking
40 Spaces (4.25 Spaces per 1,000 SF Leased)

Amenities

  • Monument Signage
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Anytime Fitness
Caribou Coffee
Scooter's Coffee
U.S. Bank
Starbucks
Perkins
Bremmer Bank
Toyota
Cub Foods
Huntington National Bank

Property Taxes

Property Taxes

Parcel Number
R01-09-17-231-016
Land Assessment
$547,594 CAD
Improvements Assessment
$2,120,433 CAD
Total Assessment
$2,668,027 CAD
  • Listing ID: 39723241

  • Date on Market: 2026-03-10

  • Last Updated:

  • Address: 501-511 Holly Ln, Mankato, MN 56001

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